812 E National Rd Vandalia, OH 45377
- Office buildings
- 9,944 SF
- 0.82 lot acres
Current Use by Public Records
- Robert Decker American Family Insurance / Insurance Agency
- Behnke Martin & Schulte LLC / Personal Injury Attorney
- Cope Law Offices, LLC / Bankruptcy Attorney
- Lavin Law Group LLC / Elder Law Attorney / Estate Planning Attorney
- Mortgage Resource Group / Mortgage Lender
Property Details for 812 E National Rd
- Year built
- 1963
- Construction
- FRAME
- Lot size
- 0.82 lot acres
- Property size
- 9,944 SF
- Property type
- Office buildings
- APN
- B02 00128 0032
- APU
- B02001280032
Description
This exceptional 10,000-square-foot executive office building in Vandalia, Ohio, presents a prime investment opportunity. Located at 812 E National Rd, this single-story, Class C property sits on a 0.88-acre lot and boasts 52 parking spaces (5.2 spaces per 1,000 square feet). Built in 1963 and renovated in 1981, the building is currently 100% leased to multiple tenants on month-to-month agreements, offering flexibility for future development. The Highway Business zoning (HB) allows for diverse uses. Benefit from excellent traffic counts and convenient access to I-75, Dayton International Airport, and the I-70/75 interchange. The asking price is $1,000,000, translating to $100 per square foot. This property is ideal for owner-users seeking to repurpose the existing structure or develop a new building while retaining existing site improvements. The property's location in the North Dayton submarket and its Montgomery County address (APN: B02 00128 0032) provide further advantages. This is a rare chance to acquire a well-situated commercial property with significant potential. The property's strategic location and flexible tenancy make it an attractive investment for both short-term and long-term growth.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $511,000
Market price range: $379k - $944k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $610,000 Current use
- AUTO REPAIR, GARAGE
- $645,000 Change: +6% Conversion: Difficult
- RETAIL STORES
- $605,000 Change: -1% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Vandalia
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.1838
- Latitude
- 39.8915
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA